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Search Results 0 to 49 of about 103 (some duplicates have been removed)
's a pleasure to you here with you. >> >> [applause] >> thank you and thank you to our hud partners and at this moment i know i don't need to introduce him. i want to present to all of you mayor edwin lee. >> thank you henry and thank you deputy administrator henry for being here today. two fantastic planning grants from hud as part of a intense national competition and the reason we got this nod is the people decided they're going to come together and get this done. this is a choice. this is a choice that we made with our residents here that we're going to better ourselves. we're going to lift ourselves up. we're going to do it together. that's what it means. that's why the housing authority is here because they believe in the same thing. i want to thank the commissioners and staff and henry a fantastic job and all the leadership with all of the commissioners. i want to thank our partners. let 300,000 grants and they reflect the deputy administrator a collaboration and agreement that we're doing it the right way, and i want to thank president obama. he has been wonderfully
also have the director of hud here and he is going to lead us and then we will have mayor lee up in a moment. >> thank you very much and it really is a privilege to be here with you today and to build on henry's comments and it's extraordinary that the grants across the country that were awarded to hud two of them are in the same state and it's more extraordinary that both of them are in the same city, san francisco so congratulations. [cheers and applause] so for context i just want to mention a few things and this is no news to all of you here in the room and the people standing up with me today, but today in america more than 10 million people are living in neighborhoods of concentrated poverty and limited investment and opportunities for themselves and their children, and we know that one of the most important factors in determining the economic and financial success of peoples whether or not a child grows up in those high poverty neighborhoods? a. the fact that we can predict health, education outcomes of children based on the zip code, where they live is really a tragedy an
't want to violate hud regulations. >> the county got the reverse mortgage in 2010 and moved scalia in october of that year, and she hasn't been home since. when we visited in september, faded tags over the doorjambs indicated no one was inside for awhile. after hearing from the i team, hud is reviewing the case. >> she said i wanted to go home from day one. >> james is the court-appointed attorney. he said he objected to the reverse mortgage and doesn't believe the brother took advantage of her. even more important, a year ago a probate judge ordered talks to move lily back into her home. sullivan said he reached out, but the county didn't act. >> the county doesn't listen. the judge can't micromanage these people. the judge leaves it to the professional. >> if a person or an organization chooses to ignore the court order they could beheld in contempt and damage applied. >> he points out that someone would have to tell the judge an order isn't being followed before the court would act. no one told the court the scalia order was ignored. >> i think that is fantastic. >> after we sta
months the loan is due. >> we wouldn't want to violate hud regulations. >> the county got the reverse mortgage in 2010 and moved scalia in october of that year, and she hasn't been home since. when we visited in september, faded tags over the doorjambs indicated no one was inside for awhile. after hearing from the i team, hud is reviewing the case. >> she said i wanted to go home from day one. >> james is the court-appointed attorney. he said he objected to the reverse mortgage and doesn't believe the brother took advantage of her. even more important, a year ago a probate judge ordered talks to move lily back into her home. sullivan said he reached out, but the county didn't act. >> the county doesn't listen. the judge can't micromanage these people. the judge leaves it to the professional. >> if a person or an organization chooses to ignore the court order they could beheld in contempt and damage applied. >> he points out that someone would have to tell the judge an order isn't being followed before the court would act. no one told the court the scalia order was ignored. >> i think
to a comprise. the hud would set goals for the finances of mortgage for poor people if the business fell below a certain level. well hunter's people figured they had snookered mrs. harris. they were prompting to do only if whey that would have done anyway. but a precedent had been set. the government could impose quota on fannie mae. now it was ronald reagan's turn. it was morning in america, peter was a young guy in the treasury. surely president reagan would finish the job of getting the government completely out of this mortgage business. there was even the perfect pretect. fannie mae was losing money about that time. about a million dollars a day because of the double digit interest rates by the fed to fight inflation. the white house might have used that crisis as a pretext to put fannie mae to sleep. it wasn't seen as the right time. the economy was wobbling, nobody wanted to upset the housing market. instead of putting fan my to sleep, the reagan administration and congress gave it a tax break and helped it survive. by the mid 1980s fannie mae was making boat loads of money again. it wa
regulating fannie and freddie. hud admitted they didn't have the time or expertise to keep track of them. so congress decided it was going to create a new improved regulator for fannie and freddie. jim johnson said that's fine, just do it our way. he said the regulator should not be allowed to micromanaged fannie and freddie because that might prevent them from doing their job which was to keep the housing market healthy, and to make more and more americans into homeowners. in 1992, congress of elite created a very weak regular for fannie and freddie. one of the very few dissenters was representative jim leach of iowa who noted that the 1992 legislation was largely written by lawyers for fannie mae. after this great victory fannie mae had a huge growth spurt under jim johnson. you can see that for the first, in the '70s and '80s and was still a pretty small agency, but then as we got into the '90s, it started to go very, very fasb part of that was the disappearance of s&ls who in any way for competitors. now one of johnson's main allies and golfing buddies was angelo mozilo, the man with the
donovan is secretary of housing and urban development, or hud, which funds homeless programs across the country. what do you say to the families who are living in cars, living in trailers, who have to separate their family to live in a shelter? >> what i would say is they shouldn't have to do that. it's wrong. >> reporter: they must now use their funding differently to accommodate the rise in homeless families. and if they say the funding, and a large amount of funding comes from hud, that the funding is not there to support families, what do you say? >> i absolutely believe, and the president has fought for, greater investment in homelessness. >> reporter: is there enough money being allocated for homeless families? >> no. i'm not satisfied that we have the full amount of resources that we need. and we will continue to fight for more. >> reporter: hud did spend $1.5 billion in stimulus money on homeless prevention. now, secretary donovan says, he has an ambitious new plan to reach families before they become homeless, like the kenard family and darlene's family. >> and on this side
and octavia court, inc., west bay was the co-sponsor and is the co-owner of deputy of the court, hud section 81 1 property which provides supportive affordable and accessible housing for 14 households, person with developmental disability and also an on-site arts-based day program and open gallery which had its first open community event just last week. the project would not have been possible without tremendous collaboration amongst multiple city agencies, tremendous support from sfra, now mo. also tremendous support and advocacy from hayes valley neighborhood association. i'd like to second peter cohan's comments around imperative to really keep the conversation open around the funding available for affordable housing. it is a terrible time statewide. octavia court had three major sources of funding, hud 11, sfra tax increment set aside, and state bond financing through the multi-family housing program. all of those sources are unavailable now. so, the nuances of the true up and the legalities around it are beyond my knowledge, but i would say that octavia court doesn't happen without grea
of the house for two years now. >> we wouldn't want to violate any hud or banking regulars. >> it appears the county is in violation. they got reverse mortgage in november, 2010 and moved lilly out of the house october of that year and she hasn't been home since. when we first visited the home in september, faded tags over the door jams indicates no one had been inside for a while. after hearing from the i-team, hud is reviewing the case. >> she said i wanted to go home from day one. >> jane is her court-appointed attorney. he says he objected to the reverse mortgage and doesn't believe lilly's brother took advantage ever her. even more important, a year ago a probate judge ordered talks to begin to move lilly back into her home. sullivan claimed he reached out, but the county didn't act of. >> the county doesn't listen. the judge can't micromanage these people. the judge leaves it to the professionals. >> if a person or an organization chooses to ignore a court order, they could be held in contempt. >> he points out someone would have to tell the judge an order isn't being followed befor
that can't be missed and we can't lose sight of that and thank you hud for the grant and believing in our city's comprehensive approach to improve public housing and it's nice that we received two. that'sow awesome we are and i want to say thank you very much. >> well ladies and gentlemen i'm going to wrap up. i'm going to take about two minutes. i just need to thank a bunch of folks and of course mayor lee thank you for had opportunity. i know last time i did this dancing and that's not going to happen today but i am shouting and carrying on but we're not dancing. we have dr. hernandez and chairman and the commissioners and i think allen is here and the public tenant housing and gina and lots of associates and i want alex to step out for a second. we couldn't do this without speaker -- i mean leader pelosi and soon speaker again and all of these folks. it takes a village to get this done. i know to my friends and colleague i have been a pain and to one guy i need to say a special thanks and step up here for a minute and this is important. i spent 18 hours on a plan and bugging hi
on that commitment. >> mr. obama announced that hud secretary sean donovan will be the federal government's point person for coordinating the rebuilding efforts in new york and new jersey. >>> parents in san jose are shocked a registered sex offender was allowed at their children's school. we will tell you why he was not arrested and more on the sheriff's investigation. >> mark tamayo will let us know when we will see rain today and he will have specifics on when the main event will arrive in your neighborhood. >>> also ktvu talk wed i talked with the highway patrol on the chase that left a path of destruction in san francisco. ♪ [ male announcer ] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or learn more. with this plan, you can save 40% or more on your copays by using a preferred network pharmacy, like walgreens. for example, a network c
and that is what gets fha into trouble and the rest of the market in trouble. the common denominator is hud. had has been involved throughout the process. they were the ones that help drive fannie and freddie off the cliff. they're the ones that are driving fha off a cliff. hud is the regulator of fha. they cannot regulate fha with a conflict of interest. cheryl: back to the original question about the potential. the potential of a bailout of the f h a. he is pointing the thing redhead saying it is a responsible party and all this. the thinkpad will come in and work the numbers that we avoid a taxpayer bailout? >> it is possible over some period that the housing market will improve, materially, to a degree that we won't actually realize these losses but the challenge we have here not that we don't need the fha or doesn't plan important role. it is what is playing the role responsibly and over the last number of years we have seen a big increase in their exposure, insurance, fold but they haven't increase their question, capital reserve. a conscious choice has been made when questions were raised
. so i think he's done this very well. i worked in the clinton administration. i was the hud secretary. hud is one of response agencies. i know what the federal government traditionally does. they're doing an outstanding job in my opinion. >> what's the top of the priority state for this state in terms of recovery and repair? >> we have two different types of situation if you will. the situation you're talking about is basically in manhattan. then you have it out of manhattan within the downstate metropolitan area situation. in manhattan, manhattan, as you know, has that elaborate infrastructure below ground. and new york does not historically have floods or hurricanes. it's not what we get in this part of the country. so we designed this elaborate infrastructure without really anticipating that you may have water coming over the banks and we've now flooded the whole tunnel system, road tunnels, subway tunnels, and we have under the, beneath the ground in manhattan, 10, 15, 20 stories of infrastructure. so now we have the novel problem of how do you pump out this whole infrastructure?
hearing from the i-team, hud is reviewing the case. >> she said i wanted to go home from day one. >> jane is her court-appointed attorney. he says he objected to the reverse mortgage and doesn't believe lilly's brother took advantage ever her. even more important, a year ago a probate judge ordered talks to begin to move lilly back into her home. sullivan claimed he reached out, but the county didn't act of. >> the county doesn't listen. the judge can't micromanage these people. the judge leaves it to the professionals. >> if a person or an organization chooses to ignore a court order, they could be held in contempt. sanctions could be applied. >> he points out someone would have to tell the judge an order isn't being followed before the court would act. no one has told the court the lilly order has been ignored. >> i think that's fantastic. >> now, after we started asking questions, the public guardian's office has decided to move lilly back into her home. sources say she should be back by thanksgiving. puma said she's heard it before. >> i'm very skeptical. when i see it, that she's her
is going to be the point person. so our outstanding hud secretary, shean donovan, who used to be the head of the new york housing authority, so he knows a little bit about new york and building, is going to be our point person. he's going to work with the mayor, the governor, the borough presidents, the county officials to make sure that we come up with a strong, effective plan, and then i'll be working with the members of congress to do everything we can to get the resources needed to rebuild. and i have every confidence that shean will do a great job, so people should feel some confidence about that. let me just close by saying this. i had the opportunity to give some hugs and communicate thoughts and prayers to the moore family. they lost two young sons during the course of this tragedy. obviously, i expressed to them as a father, as a parent, my heartbreak over what they went through. they're still, obviously, a little shell-shocked. but they came here in part because they wanted to say thank you to all the people who had been supportive of them. they in particular mentioned lieutenan
over the door jambs indicated no one had been inside. hud is reviewing this case. >> she said i wanted to go from day one. >> james sully can -- sullivan says he objected to the mortgage and importantly a year ago, a probate judge ordered talks to begin to move lilly back into the home. he claims he reached out but the county didn't act. >> the county doesn't listen. the judge can't micro manage these people. the judge leaves it up to professionals.. >> if a person is doing the work, they could be held in contempt. >> the spokesman points out someone would have to tell the judge an order isn't been followed. no one told the court the order had been ignore i'd think that is fantastic. >> now, after we started asking questions, the public guardian has decided to move lilly back into her home. sources say she should be back by thanksgiving. >> i'm skeptical. when i see it, that she's here at home, then i'll believe it. >> we'll tell if you the public guardian office keeps its word and moves mrs. scalia back home. coming up at 6:00 county is accused of isolating clients they're supposed to
francisco and directly target hud housing. we do that by providing vouchers to folks. with the vouchers you could take a family and moved them into mixed income units. i am a product of that. i am a product of a young person being able to wake up in the morning and see to my left a doctor and see to my right a professional person and think intuitively why not me too? that is the san francisco that will move forward in the future. >> thank you. the next several questions regard fiscal policy and related matters. fiscal analysts project that the city's liabilities will increase substantially in the coming years. miss breed, mr. everett, and miss johnson, if the city needs to generate new revenue to balance its budget, what new or increased taxes or fees should it consider? çk w miss breed, mr. everett and mr. johnson. >> london breed. i think part of what i see is a lot of waste and i also see a lot of very high salaries. i think we need to start by making sure, for example, when not going to pay for bottled water and that saved the city millions of dollars. i think we need to start lookin
can't use, you know, hud loans or senior housing programs. but then we did allow explicitly in 2010 the projects could use cdlac which is the california debt allocation committee bond financing available with the state particularly coupled with 4% tax credit to build their inclusionary unit, as long as they built more units and at a deeper level of afford ability. the reason we allowed that funding is because it's less competitive than other funding. we felt there was plenty of it out there and also we're getting more units at deeper affordability. we went ahead in 2010 and exempted these projects from inclusionary housing program thinking that their monitoring procedures were too much in conflict and learned after that there is no reason to exempt them, we can handle it. and their procedures can be synchronized. but more importantly, we don't want to lose the long-term affordability of these units. this is 4% tax credit unit are not restricted for a longer period as the inclusionary units. the inclusionary units are now restricted for the life of the project. so until the building
was going through their minds. >>> freezing over. the families in the storm zone, hud. ing in blanketsing a they're hit with another storm. >>> and band of brothers. our bob woodruff, standing up for heroes tonight. the healing power of rock and roll. ♪ >>> good evening once again from washington, d.c., where the election may be over, but the clock is sticking on an issue affecting every american family. and standing at the urgent crossroads, the president and the speaker of the house, republican john boehner. there is a freight train bearing down on this country, called the fiscal cliff. it made the stock market so nervous today, for the second day in a row, it dropped. and business leaders have begun to come forward to warn the government there will be serious economic consequences if there's no deal. at issue, the fiscal cliff, a doomsday law that hikes taxes and inleashes a wrecking ball of cuts on january 1st. so, i started by asking speaker boehner that if this time, he and the now re-elected president are going to make a deal. the first word you said to yourself, when you knew th
had an opportunity to talk today to secretary donovan of hud. and i believe he's going to come in tomorrow. we're going to try to -- resources there. so, it's just we've got to make sure that no one is left behind. no one is forgotten about and everybody has some kind of special circumstances. and these individuals, there are seniors that need help and assistance. and you have the problem this, that no one on the peninsula has power, but some still have water in their becames, some of the homes. when you talk about turning the power on, you've got to have generators out to get the water out first so when the power comes on, there's no chance of being electrocuted. hard working class people lost everything. when i was out there, many were saying thank god you came. they're working and it's a difficult situation. thank you for being out here. we know there's going to be some help, but we need it in short order. >> i hope the people hear you tonight and all the organizations can get out there. thanks so much. we appreciate your time. it has been a very tough week with many stories
the home in september, tags over the doorjambs indicated no one had been inside for a while. hud is reviewing the case. >> she said i wanted to go from day one. >> the court appointed attorney says he objected to the reverse mortgage and doesn't believe the brother took advantage of her. even more for a year ago, a probate judge ordered that talks begin to move her back to the home. the county didn't act. >> the county doesn't listen. the judge can't micromanage these people. the judge leaves it to the professionals. >> they could be held in contempt. >> a spokesman points out someone would have to tell the judge an order isn't being followed before the court would act. no one has said the order has been ignored. >> i think that is fantastic. >> after we started asking questions, the public guardian's office has decided to move lilly back into her home. sources say she should be back by thanksgiving. puma says she has heard it before. >> i am very skeptical. when i see it, then i will believe it. >> he says he'll keep following the story and says if they keep their word and moves
from the manufacturing or from existing housing stocks. we now use hud's approved housing, so this is the mobile homes, i guess that correct term is manufactured housing that the hud's standards. >> it looks like we have time for two more questions. >> the question comes from terry, and please answer publication. >> if we could focus back on new york, a lot of residents in queens and staten island said a lot of the center set up by fema were closed up last night for the nor'easter, and that still had not been opened. when can these residents expect the centers to be reopened are you there at the center or are these reports we're getting, because we want to make sure we are ground-truthing this. do you have people saying this or are we still getting reports? >> reports in the nmedia. >> we will start pulling them and as of this morning they were starting back up if there was not any additional damages or anything that would preclude them from opening. we will run the ground-truth and see what we have. >> last question. >> your line is open. >> most of my question has not been -
to the devil good shot, too. >> could be the theme song for hud give me shurelt. >> do you want to inject politics. >> why don't you sing some more? >> ha ha, doocy. any time you want a sing off, man. you put the 10 grand up on there. >> i will enter. you be the judge. >> we have. >> 1 to 1. >> bill: we have 1-1 with two to go. question number four, what front man for a long running band was savaged by the press for awful national anthem performance at the 2001 indy 500? who blew the star spang imeld banner at indy? and we will roll the tape ♪ for the land of the free yeah ♪ and the home of the indianapolis 500. >> bill: i would have deported him ladies and gentlemen. now i hear that t he and rosanne barr are doing a duet on the national anthem. maccallum got that right doocy has no clue. one more toe go. which rock band has longest standing original lineup dating back 40 years ♪ she got legs ♪ she knows how to use them >> bill: zz top. b. he hasn't shaved in 40 years. rip van wink kel. mac callum wins again. you will like this one upcoming. hurry in this friday for great deals. l
Search Results 0 to 49 of about 103 (some duplicates have been removed)